EUR/JPY – 30M – BUY

The pair Euro/Japanese Yen (EUR/JPY) jumps from the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance at 184.073 is certain.

Caution: A possible counter-trend in the direction of the support zone at 183.588 could happen.
Consider stop-loss settings accordingly.

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

In addition a ‘Bearish SBS White Lines’ candle pattern is discovered. The chart shows ‘Bearish SBS White Lines’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

184.073 – 183.761 – 183.63 – 183.588 – 183.403 – 183.053 —
183.87800 – 183.93000 —
55.332083784275 – 51.356854075601 —
– —
184.073 – 1773205200

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bearish SBS White Lines – – – – – – – – –